Noticias de dinero

Market Talk – March 14, 2023

Posted on by admin

ASIA:

On the main Asian stock markets today was a negative day:

  • The NIKKEI 225 was down 610.92 points, or -2.19%, at 27,222.04.
  • Shanghai fell 23.38 points or -0.72% to 3245.31.
  • Hang Seng was down 448.01 points or -2.27% to 19,247.96.
  • The ASX 200 was down 99.90 points, or -1.41%, at 7,008.90.
  • Kospi was down 61.63 points or -2.56% to 2,348.97.
  • SENSEX was down 337.66 points or -0.58% to 57,900.19 points.
  • Nifty50 fell 111.00 points or -0.65% to 17,043.30.

Major Asian currency markets had a green day today:

  • AUD/USD rose 0.00028, or 0.04%, to hit 0.66668.
  • NZDUSD rose 0.00073 or 0.12% to hit 0.62253.
  • USDJPY rose 1.092 or 0.82% to hit 134.272.
  • USDCNY rose 0.02307 or 0.34% to hit 6.87477.

Precious metals:

  • Gold fell by $8.32/t. or -0.43% to 1,904.92
  • Silver rose by $0.055/t. ounce or 0.25% up to 21.862

Some economic news from last night:

Australia:

The Westpac consumer sentiment index (March) rose from -6.9% to 0.0%.

NAB business confidence (February) downgraded from 6 to -4.

Some economic news for today:

India:

WPI inflation (y/y) (February) decreased from 4.73% to 3.85%.

EUROPE/EMEA:

Major European stock markets had a green day:

  • CAC 40 increased by 130.07 points or 1.86% to 7,141.57.
  • The FTSE 100 rose 88.48 points, or 1.17%, to 7,637.11.
  • The DAX 30 was up 273.36 points or 1.83% at 15,232.83.

Today was a mixed day in the major European currency markets:

  • EURUSD fell 0.0005 or -0.05% to hit 1.07240
  • GBPUSD fell 0.00344 or -0.28% to hit 1.21466.
  • USDCHF rose 0.0017 or 0.19% to hit 0.91330.

Some economic news from Europe today:

GREAT BRITAIN:

The index of average earnings + bonus (January) decreased from 6.0% to 5.7%.

The change in the number of applicants (February) increased from -30.3 thousand to -11.2 thousand.

3M/3M Employment Change (MoM) (January) Down from 74K to 65K

Unemployment rate (January) remains unchanged at 3.7%

Switzerland:

PPI (MoM) (February) fell from 0.7% to -0.2%.

Spain:

Spanish CPI (YoY) (February) increased from 5.9% to 6.0%

Spanish HICP (YoY) (February) increased from 5.9% to 6.0%

USA/AMERICA:

Prices are constantly rising, as evidenced by the latest report from the Department of Labor. The consumer price index (CPI) rose 0.4% m/m in February this year, bringing annual inflation to 6%. Core consumer price index increased 0.5% m/m and 5.5% y/y. Lower energy prices helped bring out the CPI data after the sector fell 0.6% on the month after heating oil fell 7.9%. Food prices have risen 9.5% year-on-year and 0.4% since January, the lowest increase since December 2021. A third of the index is driven by housing costs. U.S. housing grew 0.8% mom and 8.1% yoy, the fastest annual pace since June 1982.

US Market Closing:

  • The Dow rose 336.26 points, or 1.06%, to 32,155.4.
  • The S&P 500 rose 64.8 points, or 1.68%, to 3920.56.
  • The Nasdaq added 239.31 points, or 2.14%, to 11,428.15.
  • Russell 2000 advanced 32.59 points or 1.87% to 1776.89.

Closing the Canadian market:

  • The TSX Composite added 105.26 points, or 0.54%, to 19,694.16.
  • The TSX 60 edged up 4.99 points or 0.42% to hit 1182.63.

Brazil Market Closing:

  • Bovespa fell by 188.98 points or -0.18% 102,932.38

ENERGY:

Oil markets have had a mixed day today:

  • Crude oil fell $0.832/bbl, or -1.11%, to $73.968.
  • Brent fell $0.795/bbl, or -0.98%, to $79.975.
  • Natural gas fell $0.0532/mbtu, or -2.04%, to 2.5528.
  • Gasoline was down $0.0074/gallon, or -0.29%, at $2.5840.
  • Heating oil rose $0.0164/gallon, or 0.59%, to $2.7779.

The above data was collected around 12:03 pm EST on Tuesday.

  • Commodity growth leaders: HRC steel (1.61%), palladium (3.40%), wheat (1.89%) and rice (2.28%).
  • The main losers were bitumen (-2.53%), lumber (-3.14%), orange juice (-6.94%) and natural gas (-2.04%).

The above data was collected around 12:16 pm EST on Tuesday.

BONDS:

Japan 0.345% (+3.4 bp), US 2 4.36% (+0.331%), US 10 3.6663% (+15.13 bp); US 30s 3.76% (+0.098%), bonds 2.454% (+17.2 bp), France 2.981% (+15.1 bp), Italy 4.314% (+10.6 b.p.), Turkey 10.99% (+4 b.p.), Greece 4.357% (+4 b.p.) 10.5 b.p.), Portugal 3.367% (+13 b.p.) ); Spain 3.521% (+13.1 bp) and UK gilts 3.516% (+14.5 bp).